NBCC reports growth in turnover, PBT and PAT for Q1 FY 2023-24
Consolidated Turnover for Q1 FY 2023-24 is Rs. 1913.79 Cr. compared to Rs. 1786.72 Cr. for Q1 FY 2022-23.
Highlights of Q1 FY 2023-24
Standalone Turnover jumps 8.50% year-on-year basis and Consolidated Turnover jumps 7.11% year on year basis.
The Board of Directors in the meeting held on Thursday i.e. August 10, 2023 approved the Financial Results of the company for the Quarter ended on 30.06.2023.
The Company reported a Standalone Turnover of Rs. 1474.71 Cr. for Q1 FY 2023-24 Compared to Rs. 1359.22 Cr. for Q1 FY 2022-23.
Consolidated Turnover for Q1 FY 2023-24 is Rs. 1913.79 Cr. compared to Rs. 1786.72 Cr. for Q1 FY 2022-23.
Read Also : First-ever coal gallery inaugurated at National Science Centre in New DelhiProfit Before Tax (PBT) on a Standalone basis increased from Rs. (16.89) Cr. to Rs. 84.67 Cr. and on a Consolidated basis increased from Rs. (5.55) Cr to Rs. 103.78 Cr YoY basis for the quarter ended 30.06.2023.
Profit After Tax (PAT) on Standalone basis has shown growth from Rs. (13.20) Cr. to Rs. 63.13 Cr. and on a Consolidated basis from Rs. (4.85) Cr. to Rs. 77.41 Cr. YoY basis for the Q1 FY 2023-24
Read Also : Indian Railways reduces advance ticket booking period from 120 to 60 days
A preferred partner of the Government for infrastructure projects, NBCC’s 94.6% of business revenue comes under the PMC segment and Redevelopment works.
Read Also : India extends its first-ever rupee-denominated Line of Credit under IDEASNews Must Read
- RBI takes strict action against four NBFCs
- Metro Services Extended for Sunday's Vedanta Delhi Half Marathon
- TCIL celebrates 46th Foundation Day on 15th Oct 2024
- SECL Becomes First Coal Company to Open Four AMRIT Pharmacies
- RVNL wins contract for Nagpur Metro Phase-2 Project
- Ircon International shares gains 4% amid signing MoU with Patel Engineering
- RailTel shares surge 10% amid bagging Rs 79 crore order from MHADA
- Larsen & Toubro Wins Order for Agra Metro Network
- Noida airport completes calibration flight to test navigation system
- RBI imposes monetary penalty on SG Finserve limited